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Property investment in Percival Street, Pallion, Sunderland

2 bedroom cottage

PROPERTY INVESTMENT INFORMATION
Purchase Price £42,000
Stamp Duty @ 3% £1,260
Refurbishment and fees £6,000
Total £49,260
RENTAL & RETURNS
Rent Value £5,400 pa / £450 pm
Gross Return 10.96%
Net Return £4,493 pa / 9.12%
YEARLY EXPENSES
Management Fee - 11% plus vat £707.40
Insurance £150
Gas Safety Certificate £50

DESCRIPTION OF INVESTMENT

2 BEDROOM MID TERRACE COTTAGE IN PALLION....  Benefits from double glazing and gas central heating and is situated close to the high street amenities and offers good transport links to the city centre. The layout comprises of: entrance hallway, living room, fitted kitchen, bathroom and 2 bedrooms. Externally the property offers an enclosed yard. Currently not tenanted, this property realistic can achieve £450-495pcm

Investment Location Map

CALL TO DISCUSS THIS INVESTMENT OPPORTUNITY
TODAY ON 0191 435 3348 - 07968 240 786

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